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Bit Digital swings to $28.5 million Q3 profit as revenue falls 11%

Crypto Briefing·November 12, 2026·1 min read
Bit Digital swings to $28.5 million Q3 profit as revenue falls 11%

Bit Digital swung to a $28.5 million Q3 profit despite revenue falling 11%. The company shifted from Bitcoin mining to Ethereum and AI, highlighting volatility and strategic pivots in the digital asset sector. This move reflects adaptation to changing market conditions.

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